4 years ago
Pomelo Pay Secures US$10 Million to Expand Global Payments Platform
Pomelo Pay, a UK-based digital payments company, has raised US$10 million in Series A funding led by Inference Partners
The funding will be used to expand Pomelo's presence across global markets, including Europe and Asia
Pomelo Pay provides an innovative digital payments service that allows businesses to take payments from anyone, anywhere, at a low cost and without the need for hardware
The company integrates with over 30 payment networks globally and its platform is used by banks and NBFIs to offer a broad suite of payment acceptance solutions.
ProblemFinancial Services
"Businesses struggle to accept payments from customers in different locations and across different payment networks, which can be expensive and require hardware."
Solution
"Pomelo Pay provides a digital payment platform that allows businesses to accept payments from anyone, anywhere, at a low cost and without the need for hardware. They integrate with over 30 payment networks globally, making it easy for businesses to expand their reach."